Vietnam Innovation and Private Capital Report

By  Benjamin Sheridan Il-Dong Kwon Clement Vellieux Luan Nguyen Thu Tran Vu Quoc Huy Vo Xuan Hoai Kim Ngoc Thanh Nga Le Minh Anh Nguyen Khanh Linh Vy Le Kristine Lauria Trang Phan Kien Vu
, and  Hieu Tran
Article

Vietnam’s private capital market is entering a new phase of maturity, driven by strong macro fundamentals, digital acceleration, and investor optimism.

The Vietnam Innovation and Private Capital Report 2025, co-authored by Vietnam Private Capital Agency, National Innovation Center, and BCG, provides a comprehensive look at the trends shaping venture capital and private equity across one of Southeast Asia’s most dynamic economies.

Despite a global capital slowdown, Vietnam attracted $2.3B across 141 deals in 2024, signaling sustained investor confidence. The report explores key sectors including AI, energy, healthcare and education, and the impact of national reforms such as Resolution 57 on innovation and sustainability. With rising digital adoption, a growing middle class, and targeted government support, Vietnam offers compelling opportunities for investors and business leaders seeking long-term growth in the region.

Read the report